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The 2017 Sotheby’s International Realty® Global Networking Event

The Sotheby’s International Realty® Global Networking Event (GNE), which took place from September 25th to September 27th in Las Vegas, Nevada, brought together approximately 2,400 members of the Sotheby’s International Realty network, with more than 155 of the brand’s companies represented from 34 countries and territories worldwide – topping last year’s event as the largest in the history of the company.

At the GNE, members of the Legacy Properties Sotheby’s International Realty team were afforded the ability to network with their peers from all over the world.

Held at the Wynn Las Vegas, the Sotheby’s International Realty Global Networking Event was a dynamic three-day immersion into the brand, offering two general sessions and a selection of 25 breakout sessions. More than 85 Sotheby’s International Realty affiliate members volunteered to play an integral part in the sessions, which ranged in topic from sales and negotiation tactics to marketing and more, serving as breakout hosts, guest speakers and expert panelists to share advice, best practices and personal experiences with their peers.

Martha Stewart, founder of Martha Stewart Living Omnimedia, was the headlining keynote speaker and addressed members of the Sotheby’s International Realty network discussing the journey of creating a global lifestyle brand, which includes a focus on authenticity, constant evolution, and a keen understanding of the consumer.  In addition, Jeff Hargett, senior corporate director of culture transformation at The Ritz-Carlton Leadership Center, gave an engaging and dynamic speech about the power of excellence in customer service and creating unique client experiences.  The crowd was also addressed by:

  • John Peyton, chief executive officer of Realogy Franchise Group
  • Maarten ten Holder, executive vice president and global managing director of Sotheby’s Luxury & Lifestyle Division
  • Brett Hagler, chief executive officer and co-founder of New Story, the Sotheby’s International Realty brand’s charitable partner
  • The Sotheby’s International Realty Affiliates LLC senior leadership team including:
    • Philip White, president and chief executive officer
    • Julie Leonhardt LaTorre, chief operating officer
    • Kevin Thompson, chief marketing officer
    • Francis X. Santangelo, senior vice president of global operations

“The strength of the Sotheby’s International Realty brand resonates around the world and our global footprint is unrivaled; the Global Networking Event is a testament to that,” said White.  “This year’s conference was attended by members of our network from 34 countries and it is inspiring to see transcontinental business connections and friendships unfold as our affiliates continue to grow their business and strengthen the power of our brand.”

In addition to learning and networking opportunities, this year, the Sotheby’s International Realty brand’s charitable partner, New Story attended the event. New Story, which builds communities of homes for those in need for $6,000 USD per home, challenged attendees to pledge 100 homes for a new community in Mexico.  At the end of the event, attendees surpassed the goal by pledging over 150 New Story homes.  Legacy Properties Sotheby’s International Realty is pleased and proud that our 13 attendees, along with the support of our company, pledged $6,000 to this inspirational cause.

Extraordinary Property of the Day

Recently featured as Sotheby’s Realty Extraordinary Property of the Day. Presented by Sandra Wendland.

Extraordinary Property of the Day: Grand Inviting Retreat in Yarmouth, Mainehttp://ow.ly/Ar02300ERzK

6 Tips for Staging Historic Homes

Staging a home to sell is a somewhat different animal when you are dealing with a historic or period home. While you want to make it appeal to the widest audience possible, you have to realize that most of the people interested in buying that type of home are attracted to historically decorated interiors. Most historic homes sell to a specific kind of buyer who is looking for character and architectural details that will make them fall head over heels.

Here are ways to put the focus on a historic home’s distinct architecture and appeal to the most likely buyers.

Cumberland County Maine Single Family Home Sales Analysis 2001-2011

■ The highest median sold price for Cumberland County occurred in 2010 and 2011. All years were above the state median.
■ One of 2 counties in Maine with median sold prices above $200,000 in 2010 and 2011. (Cumberland and York)
■ Sold prices increased an average of 11% annually between 1998 and 2005;
held steady in 2006 and 2007, were down 6% in 2008, down 6% in 2009, up 2.4% in 2010, and held steady in 2011.
■ One in four sales in the State of Maine are in Cumberland county (25%)
■ The number of sales peaked in 2005, decreased 34.5% 2005-2008, increased 10.6% 2008-2010., and were down 4% in 2011.
■ More sales occur in Cumberland county than in Aroostook,
Franklin, Knox, Lincoln, Piscataquis, Sagadahoc, Somerset,
Waldo, and Washington counties combined.

Presented by: Maine Association of REALTORS®

Maine REAL ESTATE – October Sales Volume Up more than 6%

Maine Real Estate

Maine Real Estate Statistics Presented by

Legacy Properties Sotheby’s International Realty

Maine Real Estate “Sold Unit Volume” for the past Year

A 6+% Increase in Single Family Homes Sold

 

Maine Real Estate Sales Volume up more than 6%

Source: Maine Real Estate Information System and Terradatum


The Maine Real Estate market has seen a significant improvement compared to the same period in 2010. Sold Volume in Maine has improved along with other significant measures of Maine Real Estate for several consecutive months.  This improvement in volume has helped to stabilize prices in most Maine markets.

Legacy Properties Sotheby’s International Realty has several Maine Real Estate Agents based in its offices in Portland Maine, Kennebunk Maine, Camden Maine and Brunswick Maine.

Should you require more information, please contact:

Chris Lynch
President
Maine Real Estate Expertise
Legacy Properties Sotheby’s International Realty
2 City Center
Portland, ME 04101
clynch@legacysir.com

 

note:  Data presented was sourced from the Maine Real Estate Information System using Terradatum analytical software.

 

Maine Real Estate – “Under Contract” Single Family Homes Show 14% Increase

Maine Real Estate

Maine Real Estate Statistics Presented by

Legacy Properties Sotheby’s International Realty

Maine Real Estate “Under Contract” for the past Year

An 14% Increase in Single Family Homes Under Contract

Pending Home Volume Improves by 14%

The Maine Real Estate market has seen a significant improvement compared to the same period in 2010.  Under Contract properties is an excellent leading indicator of the condition of the overall market.

Legacy Properties Sotheby’s International Realty has several Maine Real Estate Agents based in it Portland Maine office.

Should you require more information, please contact:

Chris Lynch
President
Maine Real Estate Expertise
Legacy Properties Sotheby’s International Realty
2 City Center
Portland, ME 04101
clynch@legacysir.com

 

note:  Data presented was sourced from the Maine Real Estate Information System using Terradatum analytical software.

 

Maine Real Estate “Pendings” Point to Higher Sales Volume

 

Maine Pending Volume for October 2011

"Under Contract" Homes shows strong 17% Improvement


Although the final numbers are not released, the early indications are the “Under Contract” homes in Maine have improved by 17% versus October 2010.  This is a good sign for Maine Real Estate.  The current numbers available actually show a healthy increase in unit volume under contract.  While the data is still not officially released by the Maine Association of Realtors, this analysis is a good early indication of the Real Estate Market activity in Maine.

Legacy Properties Sotheby’s International Realty is a market leader in Distinctive an Luxury Homes for Sale in Maine.  Should you have any questions, please do not hesitate to contact Chris Lynch, President, Legacy Properties Sotheby’s International Realty, at 207-780-8900 or by e-mail at clynch@legacysir.com.

Note:  All data is gathered using Terradatum analytics and data from the Maine IDX data feed.  Its accuracy cannot be guaranteed.

Maine Real Estate Sales Volume Improves 5%

 

Unit Volume up 5%

Early indications were that we might have seen a moderating result in terms of Unit Volume of sales for Maine Real Estate.  The current numbers actually show a healthy 5% increase in unit volume sales compared to the same period last year.  While the data is still not officially released by the Maine Association of Realtors, this analysis is a good early indication of the Real Estate Market activity in Maine.

Legacy Properties Sotheby’s International Realty is a market leader in Distinctive an Luxury Homes for Sale in Maine.  Should you have any questions, please do not hesitate to contact Chris Lynch, President, Legacy Properties Sotheby’s International Realty, at 207-780-8900 or by e-mail at clynch@legacysir.com.

Note:  All data is gathered using Terradatum analytics and data from the Maine IDX data feed.  Its accuracy cannot be guaranteed.

Home Design Tips from the Wall Street Journal

Today’s Wall Street Journal presented “Blueprint for the New American Home” which identifies some national trends in the design and style.  You can read it by clicking the link above.  There continue to be generational shifts in the way American live in their homes.

Always keep in mind, that there are also regional idiosyncrasies that may not be reflected in national trends. Maine Real Estate has its own set of preferred design do’s and don’ts.  It is always wise to consult with a Maine Real Estate Expert prior to a renovation project. While resale may not be a key consideration at the time of the renovation or new construction design, circumstances can change which may lead to marketing your newly designed home sooner than expected.

Forewarned is Forearmed!

For more information, please contact Chris Lynch at www.legacysir.com or 207-780-8900.

 

Maine Real Estate “Under Contract” Homes Posts another Strong Gain

"Under Contract" Homes Improve 14%

 

"Under Contract" Homes Improve 14% While it appears that Unit Volume sales have moderated with preliminary numbers suggesting a 6% decline for October, the “Under Contract” properties continues to be an improving leading indicator of future market closing activity.  Fresh numbers reveals a 14% increase versus last year at this time.  We will be posting revised numbers later in November when the final data is available.

Legacy Properties Sotheby’s International Realty is a market leader in Distinctive an Luxury Homes for Sale in Maine.  Should you have any questions, please do not hesitate to contact Chris Lynch, President, Legacy Properties Sotheby’s International Realty, at 207-780-8900 or by e-mail at clynch@legacysir.com.

Note:  All data is gathered using Terradatum analytics and data from the Maine IDX data feed.  Its accuracy cannot be guaranteed.